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![*]()
Applying for an Internet merchant account
![*]() Applying for an Internet merchant account
is very easy these days. What you need to get started is
just a website. Everything you need is integrated into the
application you will fill out and submit online. It takes
not more than 10 minutes to fill out the online application.
You need to make sure that your browser works with SSL (most
do) and that cookies are enabled. Ensure your online merchant
application is secure and uses SSL encryption technology.
Merchant accounts are activated 24 hours after approval.
When you are filling out the online application, you will
be asked if you want to accept Amex and Discover. You simply
select the appropriate check boxes. Because Amex and Discover
accounts are set up outside of Visa/MasterCard, we will
submit a separate application to those organizations in
your behalf.
Statements are usually sent on a monthly basis. You are
usually activated for Visa and MasterCard when you fill
out the Online Application. We will set-up other card types
for you when you mark that on your application. What you
need is a U.S. checking account. As long as you have a U.S.
checking account, you can still acquire a merchant account
and sign up through Online Application.
To complete the Online Application, you will submit information
about your business as well as information on the business
owner. The application is an industry standard credit card
acceptance application (Tax ID - for US Corporations only,
Social Security Number/Social Insurance Number and Checking
Account and Routing numbers). You will receive a confirmation
email within seconds after submitting your online application.
The underwriting department confirms that the application
is in compliance with Visa/MasterCard regulations. Once
your application is approved, you will receive your start-up
information, by email, the next day.
A payment gateway manages the actual verification and processing
of online credit card payments. To get your payment gateway
set-up (once your application is completed), you will be
assigned a Gateway ID. You are thus ready to process your
orders in real-time!
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